Tutor profile: Ahmed L.
How do end and of a formal letter?
Name Vowels In the English language?
An E, I, O, U And sometimes Y
What Is The elements directly related to the measurement of financial position are assets, liabilities, and equity.?
(a) An asset is a resource controlled by the entity as a result of past events and from which future economic benefits are expected to flow to the entity. (b) A liability is a present obligation of the entity arising from past events, the settlement of which is expected to result in an outflow from the entity of resources embodying economic benefits. (c) Equity is the residual interest in the assets of the entity after deducting all its liabilities
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